Realtors Step Up!

By
Mortgage and Lending with Home Savings Of America

     Recently I closed on a loan for a couple that had spent over six months with their Realtor trying to find just the right house that fit within all the changes that we ran into within this fickle market. Everything seemed to be finally worked out between the seller and my borrowers. They had dickered back and forth over this, that, and many other things as is sometimes the case.

The seller's had come down on the price and was willing to cover part of the closing cost because my borrowers weren't able to get the 100% financing that we tried for when we first started the process of financing a home purchase.

Everything was set to close once the inspection was completed. Well the inspection went fine except for the fact that the inspector pointed out how much the stairs to the upper floor of the older house squeaked so loudly.

Because I close loans from out of state most of the time, I could only take my borrowers and the inspector's word for it. My borrowers wanted the stairs fixed before they would buy the house and the sellers weren't willing to put any more money into a house they were about to sell. We had a stalemate.

If it hadn't been for the seller's Realtor, who offered to cover the majority of the 2400.00 cost to replace the set of stairs before my borrowers would buy this house, I don't think the deal would have gone through and so much time and effort would have gone down the tubes.

This just goes to show that I believe and know there are Realtors that Step Up, more times than not, to help get buyers into the homes of their choosing.

The stairs where replaced, the sales / purchase went through and I can only hope that they will all live happily ever after!

Comments (6)

Rosario Lewis
DDR Realty - Newburgh, NY
GRI, SRES - DDR Realty - Orange County, NY
Here, here. There is usually something that can be done to save a deal. It just takes flexibility and compromise.
Sep 04, 2007 07:59 AM
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production
I agree, but i think it's very situational.  A blanket statement doesn't work.  Good points though.
Sep 04, 2007 08:01 AM
Rob Baldwin
US ECO-GREEN REAL ESTATE INC. - Santa Clarita, CA
REALTOR, Santa Clarita

I'm with Larry, there are quiet a few items that need to be in place for an agent to step up as yours did.

It is good Thomas that you give the agent the recognition that they deserve. No good deed goes un-noticed.

Sep 04, 2007 08:06 AM
Jennifer Steck
Rocky Mountain Homescapes, Keller Williams, Denver Colorado - Denver, CO
Denver Real Estate
Thomas- There are some pretty amazing people out there just wanting to get the job done. It doesn't alway work that way for a lot of reasons, but I think most Realtors give it a good try.
Sep 04, 2007 02:20 PM
Chrissy Harrison
Referral Only Realty - Longmont, CO
For the most part, the co-operating Realtors® I've had the pleasure of working with would take this kind of action to step-up. It's our job as agent to work out a win-win situation. Building clients for life, for me, is more important to the almigty dollar. Just my opinion though.
Sep 04, 2007 04:58 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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